[masumhossain]

i am using bitcoin as an investment but i don't have so much satosi like others

[MingLee]

I still didn't buy anything with Bitcoin so far, only investment. I think I'll start buying once I get a larger stash of the coin together (hopefully that will be sooner rather than later).

the same for me i really believe that it might make me a rich person in the future so im trying not to sell it at all though in the future it might change

Nobody can be sure that price will go higher in future, so if you have an opportunity to spend it as an currency then you should go for it and save some of it for the future.

yeah thats a good idea that you save some of your bitcoin so that if bitcoin will be still alive in the future and the price of bitcoin is really high you have chance to exchange your some of your bitcoin to make a profit.. or if you have bitcoins right now better to spend it to make more profit invest it in your knowlege or use bitcoin to invest it in your knowledge..  so that you have a great future that you can use your skills to earn money..

Yeah I think that is the right thing to do, we need to use our coins according to the benefits that we are getting from it, its always good to sell the coins when price is higher rather then just holding them.

Selling, buying, whatever, as long as something is being done with them instead of having them sit there in a wallet is far better because it shows there is some life in the network and it keeps the volume of Bitcoin moved up. While it is entirely respectful to hold your Bitcoin and wait with it, there are some benefits to moving it around, although for the network and not the individual.

[setupbounds]

I still didn't buy anything with Bitcoin so far, only investment. I think I'll start buying once I get a larger stash of the coin together (hopefully that will be sooner rather than later).

the same for me i really believe that it might make me a rich person in the future so im trying not to sell it at all though in the future it might change

Nobody can be sure that price will go higher in future, so if you have an opportunity to spend it as an currency then you should go for it and save some of it for the future.

If this would be of any help, try splitting your bitcoin asset into currency (to spend them) and investment (to hold). As for me, I spend about 25% of my total bitcoin earnings and hodl 75% but can vary depending on emergency situations or whenever I need to go overboard for something that I want. I can spend at most up to 50% of my total bitcoin asset if needed be.

[1Referee]

In my opinion, few invests or trades bitcoin as a currency. Most likely earn bitcoin users and change it to a normal real currency to have to use it for other purposes.

People are free to use Bitcoin how they want. If they see it as a tool to earn themselves some bits and then to convert it to their local fiat currency, then it's fine. But the majority of the people are in fact using Bitcoin as an investment tool. All other aspects come after that.

[Colt22]

I use bitcoin purely as an investment and not as a currency. I mean I will not buy my daily supply using bitcoin.

Bitcoin has the potential to go up to any level in future and that's why I want to earn more bitcoin and save it so that I can make few of my dreams come true. If you are using bitcoin to buy daily supply and mobile recharge then you are simply wasting a lifetime opportunity to become rich.

If everyone will prefer to save their coins without spending it then it will never take price to a higher level, if we want to see bitcoin as a stronger currency then we need circulation of coins in market.

You are right, we have to make use of bitcoin as a normal currency, and we have to adopt that currency for our normal purchase, with that we will see the price of bitcoin increasing much higher.

[StoreBit]

I use bitcoin purely as an investment and not as a currency. I mean I will not buy my daily supply using bitcoin.

Bitcoin has the potential to go up to any level in future and that's why I want to earn more bitcoin and save it so that I can make few of my dreams come true. If you are using bitcoin to buy daily supply and mobile recharge then you are simply wasting a lifetime opportunity to become rich.

If everyone will prefer to save their coins without spending it then it will never take price to a higher level, if we want to see bitcoin as a stronger currency then we need circulation of coins in market.

You are right, we have to make use of bitcoin as a normal currency, and we have to adopt that currency for our normal purchase, with that we will see the price of bitcoin increasing much higher.

but for using it as a normal currency we need the facilities of shops banks and other place where bitcoin is accepted. i personally living in a very very backward areas of my country, where no one even hear about bitcoin.

[Blitzboy]

I use bitcoin purely as an investment and not as a currency. I mean I will not buy my daily supply using bitcoin.

Bitcoin has the potential to go up to any level in future and that's why I want to earn more bitcoin and save it so that I can make few of my dreams come true. If you are using bitcoin to buy daily supply and mobile recharge then you are simply wasting a lifetime opportunity to become rich.

If everyone will prefer to save their coins without spending it then it will never take price to a higher level, if we want to see bitcoin as a stronger currency then we need circulation of coins in market.

You are right, we have to make use of bitcoin as a normal currency, and we have to adopt that currency for our normal purchase, with that we will see the price of bitcoin increasing much higher.

but for using it as a normal currency we need the facilities of shops banks and other place where bitcoin is accepted. i personally living in a very very backward areas of my country, where no one even hear about bitcoin.

yeah you have a point for now we still not seen any shops or local stores that can accept bitcoin as payment.. but in brazil they have already 150 stores are accepting bitcoin as payment.. and i think thats one of the good sign that it will happen too in other countries..

[Doamader]

I use bitcoin purely as an investment and not as a currency. I mean I will not buy my daily supply using bitcoin.

Bitcoin has the potential to go up to any level in future and that's why I want to earn more bitcoin and save it so that I can make few of my dreams come true. If you are using bitcoin to buy daily supply and mobile recharge then you are simply wasting a lifetime opportunity to become rich.

If everyone will prefer to save their coins without spending it then it will never take price to a higher level, if we want to see bitcoin as a stronger currency then we need circulation of coins in market.

You are right, we have to make use of bitcoin as a normal currency, and we have to adopt that currency for our normal purchase, with that we will see the price of bitcoin increasing much higher.

but for using it as a normal currency we need the facilities of shops banks and other place where bitcoin is accepted. i personally living in a very very backward areas of my country, where no one even hear about bitcoin.

yeah you have a point for now we still not seen any shops or local stores that can accept bitcoin as payment.. but in brazil they have already 150 stores are accepting bitcoin as payment.. and i think thats one of the good sign that it will happen too in other countries..

Well we can spend our bitcoins anytome anywhere all we need to do is get a bitcoin debit card, i remember someone who went shopping and paid the bill with his card, soo that isnt a problem, all you need is a card and you can purchase anyting, sure isnt directly but currently is one solution. Im investing my bitcoins and not interested into buying anything at the moment with that.

[satmas]

I use bitcoin as a currency, if I'm selling/buying something, I just need to send the correct amount of bitcoins.

[Zadicar]

I use bitcoin purely as an investment and not as a currency. I mean I will not buy my daily supply using bitcoin.

Bitcoin has the potential to go up to any level in future and that's why I want to earn more bitcoin and save it so that I can make few of my dreams come true. If you are using bitcoin to buy daily supply and mobile recharge then you are simply wasting a lifetime opportunity to become rich.

If everyone will prefer to save their coins without spending it then it will never take price to a higher level, if we want to see bitcoin as a stronger currency then we need circulation of coins in market.

You are right, we have to make use of bitcoin as a normal currency, and we have to adopt that currency for our normal purchase, with that we will see the price of bitcoin increasing much higher.

but for using it as a normal currency we need the facilities of shops banks and other place where bitcoin is accepted. i personally living in a very very backward areas of my country, where no one even hear about bitcoin.

yeah you have a point for now we still not seen any shops or local stores that can accept bitcoin as payment.. but in brazil they have already 150 stores are accepting bitcoin as payment.. and i think thats one of the good sign that it will happen too in other countries..

Well we can spend our bitcoins anytome anywhere all we need to do is get a bitcoin debit card, i remember someone who went shopping and paid the bill with his card, soo that isnt a problem, all you need is a card and you can purchase anyting, sure isnt directly but currently is one solution. Im investing my bitcoins and not interested into buying anything at the moment with that.

I didnt heard about such thing like  bitcoin debit card  but  i suppose its only the same as  on usual debit card because  you could transfer your exchanged bitcoin to fiat to your debit  , the difference  for bitcoin debit card  maybe  you could actually direct  filling  in your card came from your wallet.  Im not really sure about these thing  on how  do they work but still its a good news btw. As of now  i treat bitcoin as an investment because  i cant spend  my  coins actively since  theres no merchant here  does accept bitcoin as a payment..

[MakeMoneyBtc]

I use bitcoin purely as an investment and not as a currency. I mean I will not buy my daily supply using bitcoin.

Bitcoin has the potential to go up to any level in future and that's why I want to earn more bitcoin and save it so that I can make few of my dreams come true. If you are using bitcoin to buy daily supply and mobile recharge then you are simply wasting a lifetime opportunity to become rich.

It has a potential to go up in future but also it can goes down. You never know , mining dificuly is higher and higher also is expensive. As i said you cant know for sure, of course we all want to go very high

[lawnmowerIO]

For investment, see Bitcoin: Ringing the Bell for a New Asset Class which takes a deeper look at BTC as an investable asset. Makes some cool comparisons to more traditional asset classes.

[Imoote]

I use bitcoin as a currency, if I'm selling/buying something, I just need to send the correct amount of bitcoins.

That is what I am doing also, when I usually pay bills and buying some online gadgets and the merchant is accepting. And that is going to be a good currency at all and very convenient at all. That is why I am liking to use bitcoin as currency and also its a good investment as there are a lot of ways to invest in it.

If in the area I very rarely use bitcoin payments, making it very difficult to use it directly. Although there are a few but very rarely use bitcoin payments because few people know bitcoin. So I just use bitcoin as a short-term investment because profits are high.

[WoodyBtc]

Mainly for investment purposes.


If it's available to spend on a lot of things in the future and it's widely accepted, then I'd be using it as much as a currency.

[danherbias07]

Mainly for investment purposes.


If it's available to spend on a lot of things in the future and it's widely accepted, then I'd be using it as much as a currency.

As long as we're talking about online shop, bitcoin is widely accept anywhere and you can buy most goods/services even sometimes still need through 3rd party services.
You can buy voucher for various shop/online shops, video games, electronic gadget and many more.

Some website such as gyft.com should cover most of what you need

Yes he answered it right. The other problem would be some online stores dont do deliveries in other countries. That would be a problem in the country not with them. Maybr some delivery services there are not available.

[airsounds]

Mainly for investment purposes.


If it's available to spend on a lot of things in the future and it's widely accepted, then I'd be using it as much as a currency.

yeah i use it mainly for investment purposes too, i think that it is the best idea to do that if you want to earn some decent money with it

[richkellj]

Mainly for investment purposes.


If it's available to spend on a lot of things in the future and it's widely accepted, then I'd be using it as much as a currency.

As long as we're talking about online shop, bitcoin is widely accept anywhere and you can buy most goods/services even sometimes still need through 3rd party services.
You can buy voucher for various shop/online shops, video games, electronic gadget and many more.

Some website such as gyft.com should cover most of what you need

Yes he answered it right. The other problem would be some online stores dont do deliveries in other countries. That would be a problem in the country not with them. Maybr some delivery services there are not available.

Most of them would be third world countries. I believe a majority of first world countries already have online shops that have delivery options and it's not the same for third world countries most likely because of it's popularity, or simply because most of the big stores there wouldn't want to accept bitcoin payments just yet.

[lavapits]

i use it only as an investment because i have nowhere to spend it except for steam

[Gestiside]

i use it only as an investment because i have nowhere to spend it except for steam

I use the bitcoin mainly as an investment. I save most in my own wallet, and save some in online saving accounts.

[Cozynunu]

Most of the time i use the bitcoin as a investment you know i dont think he will come really far with just as currency because there are so many things that can go as currency so i think that bitcoins can be used as best for investments.